Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
LJ FOREST from Nandrin, company number BE0676442762, closed financial year 2025 with a result of € -12,067 after tax. For that financial year LJ FOREST recorded a gross margin of € 118,351 and equity of € 59,893. Compared with financial year 2024, the result moved from € -28,998 to € -12,067. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 59,893
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,067
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
€ 15,849
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 53,693.
People and assets in 2025
€ 184,173
▼ 40% vs 2024
Of which on lease € 145,733.
Debts at end 2025
€ 206,565
▼ 32% vs 2024
€ 83,719 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 64,127
▲ € 50,567 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 161,257 | € 144,518 | € 103,287 | € 118,351 | ▲ 15% |
| Profit after taxes | € 78,788 | € 33,916 | € -28,998 | € -12,067 | ▲ € 16,930 |
| Equity | € 67,042 | € 100,958 | € 71,961 | € 59,893 | ▼ 17% |
| Total debts | € 338,842 | € 426,290 | € 318,605 | € 270,692 | ▼ 15% |
| Cash | € 39,569 | € 16,163 | € 21,313 | € 15,849 | ▼ 26% |
| Retained profit | € 60,842 | € 94,758 | € 65,761 | € 53,693 | ▼ 18% |
| Bank debt | € 181,597 | € 401,377 | € 305,003 | € 206,565 | ▼ 32% |
| Balance sheet total | € 405,885 | € 527,248 | € 390,566 | € 330,585 | ▼ 15% |
Key figures of LJ FOREST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LJ FOREST?
What happened at LJ FOREST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,067. Source: NBB ↗
- New establishment in Saint-Georges-sur-Meuse. KBO
- SRL LABEYE SERVICES became a director. NBB
- SRL ELAGAGES ARBOREX became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 78,788 profit in 2022 to € 12,067 loss in 2025.
Best year ever: 2022, with € 78,788 profit.
Management
The stake of ELAGAGES ARBOREX, LABEYE Services comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LJ FORESTBehind LJ FOREST are SRL LABEYE SERVICES and SRL ELAGAGES ARBOREX. The shares are held by ELAGAGES ARBOREX (50%) and LABEYE Services (50%).
Directors
According to the 2025 annual accounts
Director · represented by Geoffroy LABEYE
since 2017
Director · represented by Diego JOURDAIN
since 2017
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Route de France 29
4550 Nandrin
Rue Mallieue 147
4470 Saint-Georges-sur-Meuse
Active since 31 May 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0676.442.762
- VAT number
- BE 0676.442.762
- Registered office
- Route de France 29, 4550 Nandrin
- Names & denominations
- LJ FOREST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 2017
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
Exploitatie van bossen
Verhuur en lease van landbouwmachines en -werktuigen
Ondersteunende diensten in verband met de bosbouw